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...Khamenei had publicly requested the attendance of all the main players in the political drama that has roiled Iran since the disputed election. Reports on Thursday suggested that opposition presidential candidate Mir-Hossein Mousavi encouraged his supporters to attend the event, but overnight word circulated that he and reformist candidate Mehdi Karroubi had urged their followers to stay away, although the authenticity of those claims could not be verified. Indeed, the latest reports confirm that Mousavi and Karroubi were themselves conspicuous by their absence from Friday's prayers. Ahmadinejad, however, was in attendance as was fellow politician Mohsen Rezaie...

Author: /time Magazine | Title: Iran's Supreme Leader: Ahmadinejad Won the Election | 6/19/2009 | See Source »

...Bank regulators were willing to countenance those kinds of risks because their main charge was keeping banks healthy and profitable. A separate consumer agency would presumably be much tougher. It would also probably curtail financial innovation and keep some Americans from getting loans - as banking groups, who like the consumer agency idea least of all the Obama proposals, are already arguing. But that's not necessarily a bad thing. It's hard to imagine the financial crisis of the past two years being anywhere near as damaging if lenders had simply been banned from extending home loans to people...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

...predicts that the overall abstention rate will be a shocking 70%. "Politicians will not be able to ignore a level of turnout that low," he says. Lund says the voto en blanco supporters could then go on to form a new political opposition along with disaffected members of the main parties. "This movement is a response to a lack of serious options," he says. "But in a country like Mexico, with all its problems, you cannot go on [like this]. People need to see real alternatives to the politicians in power...

Author: /time Magazine | Title: Mexico's Election Rebellion: Just Vote No | 6/18/2009 | See Source »

...stacking wads of dollar bills into briefcases or extorting businessmen, the same candidates keep beating the courts and getting back on the ballot. For the voto en blanco movement, Mexico has swung from dictatorship to a kleptocracy. One YouTube video for the campaign shows supposed politicians from the three main parties laughing as they tear into a cake shaped like Mexico. (See pictures of the tunnel technology of Mexico's drug cartels...

Author: /time Magazine | Title: Mexico's Election Rebellion: Just Vote No | 6/18/2009 | See Source »

...what many say was an improbable landslide victory for Ahmadinejad touched off an unprecedented wave of protests that have rocked Khamenei, who has since backtracked by ordering an investigation into claims of voter fraud. Despite violent attacks on demonstrators and arrests of political figures, security forces have in the main refrained from unleashing their repressive might on demonstrators who are openly defying the law. The partial recount of the vote has bought Khamenei time, but the crisis of legitimacy facing those in power grows by the day. (See pictures of Iran's presidential election and its turbulent aftermath...

Author: /time Magazine | Title: Iran: Four Ways the Crisis May Resolve | 6/18/2009 | See Source »

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